Category: eV

The changes reportedly come as Chevy feels ongoing industry-related pricing pressures, though the pair will remain the cheapest EVs in the U.S. for 2023.

Electric vehicle maker Rivian Automotive barely missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday. Before the Securities and Exchange Commission released the filing, Rivian's shares closed down nearly 6% to $17.34, but saw little movement in after-hours trade. Rival Tesla, which also missed its production targets, had a rougher trading day, as its shares plunged more than 12% to $108.10, then limped along after hours.

Elon Musk is paving the way for a new chapter — and new leadership — at Tesla as it grapples with a sharp slide on its stock price amid spillover drama from his Twitter management.

Electric vehicle maker Rivian Automotive just missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday.

Electric vehicle maker Rivian Automotive just missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday. Before the Securities and Exchange Commission released the filing, Rivian's shares closed down nearly 6% to $17.34. After cutting its initial 50,000 production forecast in half in mid-2022, Rivian said it produced 24,337 vehicles last year at its Normal, Illinois, plant, and delivered 20,332.

Tesla's vehicle production and delivery numbers for the fourth quarter 2022 fell short of analysts' expectations.

Hyundai has announced it will sell only battery-electric cars in Norway starting January 1, 2023. Volkswagen will do the same next year.

Fisker is facing a consequential year for his company.

This test combines the two things EVs like the least: low temperatures and towing.